Reading Time: 9 minutes Hey guys! How y’all doing? Hope you been enjoying the weekend – plenty of glorious sunshine out there! MrsFrugalSamurai certainly did, for she went out for a hike with friends to the famous Wedding Cake Rock whilst I ran around throwing my weight around on the field (as a referee). During one of our breaks, I sat down to have a chat with a couple of my fellow refs. Soon enough, the conversation gravitated towards our normal day jobs – one was a doctor, another a self-employed jeweler and the youngest of us, still a student. “You guys are all level 99’s!” said the student at the end…
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What Are The 3 Big Financial ‘Mistakes’ That People Make (and the first thing they can do right now to rectify them)…
Reading Time: 5 minutes Today’s post is courtesy of my friend Light Beam AKA “Mike’s friend from Canberra”. Light Beam works and resides in our nation’s capital and is employed in the public sector. But what makes Light Beam different to most public servants is that he works for the government body which sets and implements our economic policy. That’s right – Light Beam pulls the strings for the Treasury department. Suffice to say that Light Beam is a pretty switched on kinda guy and someone who knows a thing or two about finance. Inevitably our conversations end up talking about a financial topic or two whenever I get the…
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How Did These Billionaires Approach Failure?
Reading Time: 4 minutes Everyday all of us deal with failures. Some are big – “OMG I just had a car accident.” Some are small – “WTF why no organic cronuts left.” And some are just downright ridiculous – “My fantasy football captain went down injured in the first minute”. Yet, there are various moments in our life when we have LIFE-defining failures. You know, the ones which brings you to your knees and you try to squeeze out a tear – but even your tear glands shake its head at you. “Yes I would, if I could, I surely would”. Life is hard. It’s not just us mere mortals…
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An Example of the Power of Compound Interest…
Reading Time: 4 minutes Hola! How’s it going ladies and gentlemen? Are we all enjoying our Wednesday night! I know, I know – there’s not too much to do on a Wednesday right. Seems like hump day is just a prelude to “getting it over with” and waiting for TGIF. But you know, there’s so much more to what can be achieved each passing day. Never underestimate the power of compound interest and incremental changes! Here, take this example I was discussing with my work colleagues today. Now, a bit of background – we work in financial services within a fairly large institution. One might even call it a “bank”,…
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5 C’s of Credit
Reading Time: 5 minutes “Hey, can you lend me twenty bucks?” I stopped in my tracks and surveyed the scene in front of me. A young man, dressed sharply in a suit and tie held out his hand with an air of confidence. A myriad of thoughts permeated through my mind. Did I know this person? Why is he asking me for money? Will I get it back? Hm, I hope they still have those tasty Schnitzel sandwiches left. Where is the nearest toilet by the way, might make a pit-stop. Turning back to the young man, I reached into my wallet and handed over some of my hard-earned… You…
